Top Fintech News Stories for June 17, 2021

Here are the most read news stories from our daily newsletter today:

  • JPMorgan Buys Nutmeg to Bolster Digital Banking Push in U.K. – The Wall Street Journal
  • SMB banking startup Novo closes on $40.7M Series A – finLedger
  • Capital One launches early access to direct deposit – Banking Dive
  • Marketplace Lender Prosper Reports that 78% of Originations Rated AA-B in May 2021, with $13K Avg Loan Size – CrowdFund Insider
  • Gen Z Craves Good Tech From Banks+Credit Unions, Not Neobanks – The Financial Brand
  • Startup launches digital-first expense management Mastercard account – American Banker
  • Ransomware group attacks a New Jersey bank — then shuts down – American Banker
  • Recently Publicly Listed SoFi Receives Higher Price Target on Potential to Challenge Old Banks – CrowdFund Insider
  • House Financial Services Committee Adds Working Group Targeting Digital Assets – CrowdFund Insider
  • How banks can limit the financial impact of cyberattacks – American Banker

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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